Plan Ledger DOL Form 5500 · updated monthly

United Forming, Inc.401(k)

UNITED FORMING, INC. 401(K) PSP · AUSTELL, GA · plan year 2024

Reported admin expense ratio · 2024
0.01%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

United Forming, Inc. reported $2,002 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,087 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.009% to 0.012%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 973rd-largest of 2,160 plans among Georgia employers on file, and the 2,327th of 5,337 in construction. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has shrunk from 143 to 126 since 2022.

Plan summary
Net assets, end of year$16,297,199
Participants with balances169
Active participants126
Employer contributions$263,019
Employee contributions$550,800
Employer contribution per active participant$2,087
Average account balance$96,433
Benefits paid to participants$2,259,680
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.3M · 169 accts · $263K emplr
2023$15.7M · 170 accts · $262K emplr
2022$14.1M · 169 accts · $252K emplr
The United Forming, Inc. 401(k) match · 2024
Employer contribution per active participant$2,087
Median for plans this size$2,416
2024$2,087 per active participant
2023$1,923 per active participant
2022$1,760 per active participant

United Forming, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20249
T. ROWE PRICE RPS, INC. · Recordkeeping · Trustee$2,002
PIMCO FUNDS · Investment managementindirect comp
PRUDENTIAL JENNISON · Investment managementindirect comp
GOLDMAN SACHS FUNDS · Investment managementindirect comp
FRANKLIN TEMPLETON · Investment managementindirect comp
INVESCO FUNDS · Investment managementindirect comp
VANGUARD FUNDS · Investment managementindirect comp
FIDELITY · Investment managementindirect comp
SCHWAB FUNDS · Investment managementindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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Administrative cost history3
2024$2,002 · 0.01%
2023$1,410 · 0.01%
2022$1,500 · 0.01%
All plans at this employer2
UNITED FORMING, INC. 401(K) PSP401(k)
UNITED FORMING, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 581604050 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.